PPP Loan information for Cherokee farmers cooperative, inc

$234,445

Cherokee farmers cooperative, inc was initially approved for PPP Loan of amount $234,445, the current approved amount is $234,445. The loan was approved on 04/09/2020 by The Farmers and Merchants Bank reported 28 jobs and $234,445 was used to fund payroll.

Cherokee farmers cooperative, inc is Existing or more than 2 years old

PPP Loan Search / AL / CENTRE / Cherokee farmers cooperative, inc

CHEROKEE FARMERS COOPERATIVE, INC

Date Approved

04/09/2020

SBA Office Code

0459

Processing Method

PPP

Borrower Name

CHEROKEE FARMERS COOPERATIVE, INC

Borrower Address

1020 West Main St

Borrower City

CENTRE

Borrower State

AL

Borrower Zip

35960-1229

Loan Status Date

03/11/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

234445.00

Current Approval Amount

234445.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

3189

Servicing Lender Name

Farmers and Merchants Bank

Servicing Lender Address

112 E Ladiga St

Servicing Lender City

PIEDMONT

Servicing Lender State

AL

Servicing Lender Zip

36272-1736

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

CENTRE

Project County Name

CHEROKEE

Project State

AL

Project Zip

35960-1229

CD

AL-03

Jobs Reported

28

NAICS Code

444220

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

234445.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Non-Profit Organization

Originating Lender Location Id

3189

Originating Lender

Farmers and Merchants Bank

Originating Lender City

PIEDMONT

Originating Lender State

AL

Gender

Unanswered

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

236429.75

Forgiveness Date

02/19/2021

;